Upstart fintechs’ entry into financial services hasn’t set up a fixed battle with the established banks in Africa. Quite the contrary, in fact.
Ravi Menon, Singapore’s central bank chief, said fintechs must serve a larger good and create a better, greener world.
For banks to make loans to individuals or businesses without a credit history, they must turn to non-traditional metrics, but the results can be spotty.
Where do you draw the line between regulation and innovation? Central banks are grappling with this issue in the face of rapidly changing technology.
Smartphones may be hailed as the game-changer in efforts to bring more people into the formal banking system, but it’s not living up to the hype.
Jason Thompson, CEO of Indonesian digital payment player OVO, said there’s more to financial inclusion than just bank accounts and digital payments.
Fintech payment options have mushroomed — from PayLah! and PayNow in Singapore to larger global players such as Apple Pay and Google Pay. Industry players think their ranks can only keep growing.
Large Asian banks — trying to both mitigate risks and avoid new services cannibalizing existing ones — are moving slowly on collaborating with fintechs.
OCBC Bank said Monday it entered a tie-up with Google to to allow its customers to use the Google Pay app to make account-to-account PayNow fund transfers.
Xiaomi has the usual trimmings for a smartphone maker: A retail channel for its products and internet services for its 300M users. It’s also becoming a bank.
Sustainability appears set to lead discussions at Singapore’s Fintech Festival this year, as attendees look for ways to cash in on going green.
Spackman Entertainment said Tuesday it entered a deal with South Korea-based Sunwoo Produce to collaborate on penetrating new overseas markets.
Kingsmen said Wednesday it would launch “Living Worlds: An Animal Planet Experience” exhibition in Singapore as part of a collaboration with Discovery.
Big news organizations are pointing to the next big technology to build an audience: Radio. But it’s not your grandparents’ radio.
Reta Lee, editor-in-chief for Yahoo Lifestyle and Entertainment in Southeast Asia, recently provided an outline of the tech and media company’s strategies.
Talent agency MS Team, Spackman Media’s wholly owned subsidiary, has signed an exclusive contract with Ko Sung-hee, Spackman Entertainment said Wednesday.
Southeast Asian streaming service iflix said Tuesday it switched to Google’s Open Bidding service for advertising in Malaysia, Indonesia and the Philippines.
Spackman’s upcoming film “Crazy Romance” is due to hit South Korean cinemas on 2 October, the drama producer said in a filing to SGX Monday.
Anwar Ibrahim, Malaysia’s heir-apparent to become prime minister, said the companies behind deadly forest fires in Indonesia must be held to account.
The U.S. trade war with China may be drawing unstable lines in the sand, but Singapore’s Deputy PM Heng said Thursday Asia remained committed to free trade.
Simon Lord, chief sustainability officer at Malaysian palm-oil producer Sime Darby Plantation, had a message on Wednesday: It’s not our fault.
China’s content creators are finding ways to cash in without advertising revenue, designing starkly different monetization models and video formats.